Club for Growth Foundation (CFG Foundation)

Club for Growth Foundation (CFG Foundation) advocates for public policies that support economic choice, individual liberty, and limited government. 1 It is affiliated with the advocacy group Club for Growth. 2

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At-A-Glance

Type: Non-profit, 501(c)(3)
Issue Areas: Economic Policy
Website: clubforgrowthfoundation.org
Formation:

2018

President:

David McIntosh

Location: Washington, DC View on map
Tax ID: 82-2552404
Most Recent Filing: 2023
Budget (2023): Assets: $1,372,746 Revenue: $2,197,850 Expenses: $2,123,621

Contents

    Activities

    Club for Growth Foundation sponsors research, writes policy reports, publishes an annual analysis of Congressional votes, and hosts conferences and forums focused on economic conservatism. 3

    In a September 2022 report, Club for Growth Foundation criticized the report on the Climate and Energy Implications of Crypto-Assets in the United States (OSTP Report) issued by the Biden administration White House Office of Science and Technology Policy and other federal agencies. The CFG Foundation claimed that the OSTP Report used faulty scientific data and analysis to assert that crypto-asset mining harms the environment through high energy use, warranting strict government regulation. The CFG Foundation further claimed that the OSTP Report is politically motivated and seeks to hinder the free market, innovation, and American ingenuity. 4

    In December 2022, the Club for Growth Foundation submitted comments to the Department of Labor opposing a proposed gig-worker rule under the Fair Labor Standards Act. The CFG Foundation claimed that the proposed rule would eliminate jobs while increasing frivolous lawsuits. It further claimed that the proposed rule would disproportionately affect minorities and is in direct conflict with the Biden administration’s policies promoting diversity, equity, and inclusion. 5

    Financials

    According to its 2023 990 form, the Club for Growth Foundation reported a revenue of $2,197,850, expenses of $2,123,621, and total assets of $1,372,746. 6

    Funding

    Club for Growth Foundation is funded by donations from individuals, foundations, and corporations. Tax filings confirm donations from DonorsTrust ($500,000 in 2019), 7 the Diana Davis Spencer Foundation ($100,000 in 2020), 8 and the Henry E. Haller Jr. Foundation ($25,000 in 2018). 9

    In 2023, Club for Growth received $1,500,000 from the 85 Fund 10, $250,000 from Donors  Trust Inc. 11 The group also received $200,000 from the Bradley Impact Fund in 2022. 12

    Leadership

    Glyn McKay is the executive director of the CFG Foundation. Prior to CFG, Glyn was executive director of Phyllis Schlafly’s Eagle Forum in Washington, D.C., overseeing federal lobbying, grassroots efforts, and Eagle Forum PAC activities. She also serves on the Eagle Forum’s Board of Directors. 13

    Andrew Roth is the former executive director of the CFG Foundation and is currently the president of the State Freedom Caucus Network. 14

    Jackson T. Stephens, Jr. is the chair of the CFG Foundation, the former chair of the Club for Growth, 15 and formerly sat on the board of the Arkansas Policy Foundation. 16

    David McIntosh is the president of the CFG Foundation, 17 the Club for Growth, and CFG Action. McIntosh is a cofounder of the Federalist Society for Law and Public Policy Studies, where he is the vice chair of the board. McIntosh is a former Republican U.S. Congressman from Indiana, special assistant to former Attorney General Edwin Meese III during the Reagan administration, and executive director of the President’s Council on Competitiveness during the George H.W. Bush administration. 18

    Other members of the board include David Kellogg, Angie Stephens, Marilyn Tenzer, and former Sen. Pat Toomey. 17

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2023 $1,372,746 $2,197,850 $2,123,621 View
    2022 $1,328,517 $2,655,555 $2,022,005 View
    2021 $664,967 $1,428,259 $1,114,292 View
    2020 $421,806 $1,043,450 $834,303 View
    2019 $102,787 $602,800 $610,359 View

    Prior year filings: 2018

    Revenue Detail

    Expenses Detail

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $13,783,804
    • Number of Grants: 32
    • Number of Funders: 17

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $2,150,5002022 Donors Trust Incfor general operations
    $1,500,0002024 The 85 FundGeneral Support
    $1,500,0002023 The 85 FundGeneral Support
    $839,0002020 Donors Trust Incfor general operations
    $400,0002021 Donors Trust Incfor general operations
    $399,0542022 Club for GrowthGENERAL SUPPORT
    $305,0002021 Donor Advised Charitable Giving, Inc.PUBLIC, SOCIETAL BENEFIT
    $250,1502022 Donor Advised Charitable Giving, Inc.PUBLIC, SOCIETAL BENEFIT
    $250,0002023 Donors Trust Incfor general operations
    $250,0002021 The 85 FundGeneral Support
    $200,0002022 Bradley Impact Fund IncGENERAL CHARITABLE PURPOSES
    $157,5002024 Donors Trust Incfor general operations
    $100,0002020 Gilder Foundation IncPUBLIC POLICY
    $100,0002020 Diana Davis Spencer Foundation IncCLUB FOR GROWTH FOUNDATION'S COMMUNICATING ECONOMIC FREEDOM PROJECTS
    $75,0002023 National Philanthropic TrustPUBLIC, SOCIETAL BENEFIT
    $58,2502024 Donor Advised Charitable Giving, Inc.PUBLIC, SOCIETAL BENEFIT
    $50,0002024 The Leandro P Rizzuto FoundationEDUCATE THE PUBLIC ABOUT THE VALUE OF FREE MARKETS, PRO-GROWTH POLICIES AND ECONOMIC PROSPERITY.
    $35,5002022 Vanguard CharitableFor recipient's exempt purpose
    $26,0002024 Vanguard CharitableFOR RECIPIENT'S EXEMPT PURPOSE
    $25,5002023 Vanguard CharitableFOR RECIPIENT'S EXEMPT PURPOSE
    $22,0002022 National Philanthropic TrustPUBLIC, SOCIETAL BENEFIT
    $15,0002022 The Sayers Foundation Inc C/o W Grant Williams IIICREATING ECONOMIC PROSPERITY
    $15,0002021 The Mark E and Mary a Davis FoundationGENERAL SUPPORT
    $10,0002024 The Sayers Foundation Inc C/o W Grant Williams IIICREATING ECONOMIC PROSPERITY
    $10,0002023 The Sayers Foundation Inc C/o W Grant Williams IIICREATING ECONOMIC PROSPERITY

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $40,800
    • Number of Grants: 3
    • Number of Recipients: 3

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $20,0002023 Antitrust Education ProjectGENERAL SUPPORT
    $10,8002023 American Accountability FoundationGENERAL SUPPORT
    $10,0002022 Americas Future IncGENERAL SUPPORT

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    Financials, employee compensation, and grant information provided by Candid.

    Mentioned in this Article

    References

    1. “Donate.” Club for Growth Foundation. Accessed December 13, 2022. https://clubforgrowthfoundation.org/donate/.
    2. “Club for Growth Foundation Announces New Executive Director.” Club for Growth Foundation. April 1, 2022. Accessed December 13, 2022. https://clubforgrowthfoundation.org/club-for-growth-foundation-announces-new-executive-director/.
    3. “About.” Club for Growth Foundation. Accessed December 19, 2022. https://clubforgrowthfoundation.org/about/.
    4. Thomas, L. Mary. “The White House Report on Crypto’s ‘Climate Impact’ is a Joke.” Club for Growth Foundation. September 21, 2022. Accessed December 19, 2022. https://clubforgrowthfoundation.org/policy-reports/white-house-report-crypto-climate-impact-is-a-joke/.
    5. “Club for Growth Foundation Comments Oppose Proposed Gig Worker Rule.” Club for Growth Foundation. December 13, 2022. Accessed December 19, 2022. https://clubforgrowthfoundation.org/club-for-growth-foundation-comments-oppose-proposed-gig-worker-rule/.
    6. Return of Private Foundation (Form 990-PF). Club for Growth Foundation. 2023. Part I. https://projects.propublica.org/nonprofits/organizations/822552404/202433209349311528/full
    7. Donors Trust, Return of Organization Exempt from Income Tax (Form 990), 2019, Schedule I, Part II.
    8. Diana Davis Spencer Foundation, Return of Private Foundation (Form 990-PF), 2020, Part XV, Line 3.
    9. Henry E. Haller Jr. Foundation, Return of Private Foundation (Form 990-PF), 2018, Part XV, Line 3.
    10. “The 85 Fund, Form 990, Schedule I.” ProPublica. Accessed June 19, 2025. https://projects.propublica.org/nonprofits/organizations/202466871/202433209349321903/IRS990ScheduleI
    11. “Donors Trust Inc, Form 990, Schedule I .” ProPublica. Accessed June 19, 2025. https://projects.propublica.org/nonprofits/organizations/522166327/202423189349304787/IRS990ScheduleI
    12. “Bradley Impact Fund Inc, Form 990, Schedule I .” ProPublica. Accessed June 19, 2025. https://projects.propublica.org/nonprofits/organizations/454678325/202323199349323507/IRS990ScheduleI.
    13. “Glyn McKay.” Club for Growth. Accessed June 19, 2025. https://www.clubforgrowth.org/staff/glyn-mckay/.
    14. “Andrew Roth.” LinkedIn. Accessed December 13, 2022. https://www.linkedin.com/in/andyrothcfgf/.
    15. Club for Growth, Return of Organization Exempt from Income Tax (Form 990), 2018, Part VII, Section A, Line 1a.
    16. “Board of Directors.” Arkansas Policy Foundation. 2007. Accessed December 13, 2022. http://web.archive.org/web/20080827215309/http://www.arkansaspolicyfoundation.org/board.html.
    17. “About.” Club for Growth Foundation. Accessed December 13, 2022. https://clubforgrowthfoundation.org/about/.
    18. “David McIntosh.” Club for Growth. Accessed December 9, 2022. https://www.clubforgrowth.org/staff/david-mcintosh/.